We went up very fast in the last week. So we might visit 7600. This will be very healthy consolidation and great entry point for bitcoin to go up again to next resistant level.
@colinbrazendale, if the BTCUSD price retests the previous consolidation (what is quite possible), that is in the range of $7300-$7600 on 1H time frame, it can be considered as a good entry point (I mean for opening a long position).
We went up very fast in the last week. So we might visit 7600. This will be very healthy consolidation and great entry point for bitcoin to go up again to next resistant level.
@colinbrazendale, if the BTCUSD price retests the previous consolidation (what is quite possible), that is in the range of $7300-$7600 on 1H time frame, it can be considered as a good entry point (I mean for opening a long position).